Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 94.6 to 82.2.
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Busy address KBO
39 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AllPhi Belgium from Westerlo, company number BE0838576480, closed financial year 2025 with a result of € -405,535 after tax. For that financial year AllPhi Belgium recorded a gross margin of € 6.5 million and equity of € 274,348. Compared with financial year 2024, the result moved from € -196,362 to € -405,535. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 274,348
▼ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -405,535
▼ 107 % more loss than in 2024
Profit after tax over the fiscal year.
€ 429,486
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -454,652.
People and assets in 2025
82.2
▼ 8.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.5 million
▼ 51% vs 2024
€ 78,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 114,304
▲ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▲ 37% vs 2024
€ 34,704 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 497,236
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,944,138 | € 6,668,235 | € 13,211,800 | € 6,481,258 | ▼ 51% |
| Profit after taxes | € 291,177 | € 459,293 | € -196,362 | € -405,535 | ▼ € 209,173 |
| Equity | € 648,236 | € 899,269 | € 379,884 | € 274,348 | ▼ 28% |
| Total debts | € 1,802,030 | € 1,929,991 | € 2,832,032 | € 3,340,994 | ▲ 18% |
| Cash | € 514,604 | € 688,952 | € 281,363 | € 429,486 | ▲ 53% |
| Retained profit | € 219,236 | € 470,269 | € -49,116 | € -454,652 | ▼ € 405,535 |
| Dividend | € 0 | € 208,260 | € 323,024 | € 0 | ▼ 100% |
| Bank debt | € 581,774 | € 588,084 | € 1,067,405 | € 1,464,576 | ▲ 37% |
| Balance sheet total | € 2,450,266 | € 2,829,261 | € 3,211,915 | € 3,615,342 | ▲ 13% |
| Employees (FTE) | 92.2 | 94.6 | 90.9 | 82.2 | ▼ 8.7 |
Key figures of AllPhi Belgium, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to AllPhi Belgium?
What happened at AllPhi Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- L&ES stepped down as director. NBB
- AllPhi Group stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 405,535. Source: NBB ↗
- L&ES became a director. NBB
- AllPhi Group became a director. NBB
- New establishment in Machelen (Brab.). KBO
- New establishment in Merelbeke-Melle. KBO
- New establishment in Westerlo. KBO
In short
From € 291,177 profit in 2021 to € 405,535 loss in 2025.
Paid € 671,534 in corporate taxes since 2021.
Best year ever: 2022, with € 459,293 profit.
On average € 78,800 of value added per employee in 2025.
Management
The stake of AllPhi Group, C3N, L&ES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AllPhi BelgiumThe shares are held by AllPhi Group (100%), C3N (80%) and L&ES (20%).
Directors
According to the 2025 annual accounts
Persoon belast met dagelijks bestuur · represented by Dorus Schauwaers
Also active at: AllPhi Group
since 2025 · until 2031
Director · represented by Roel Vaneerdewegh
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 13
2260 Westerlo
Guldensporenpark 24
9820 Merelbeke-Melle
Active since 1 January 2017
Hermeslaan 9
1831 Machelen (Brab.)
Active since 23 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 39 companies are registered at this address.
All companies at this address →LOPAR
€ 1.2 million gross margin · 2025
INNOCHEM
€ 34.3 million revenue · 2026
THYS BOUWPROJECTEN
€ -296,460 gross margin · 2025
KERTEZA
€ 912,803 gross margin · 2025
GMI group
€ 16.9 million revenue · 2025
+34 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.576.480
- VAT number
- BE 0838.576.480
- Registered office
- Nijverheidsstraat 13, 2260 Westerlo
- Names & denominations
- AllPhi Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 August 2011
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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